Common use of Revocation/Effective Date Clause in Contracts

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by DTS, Inc. on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will become due and payable after the Effective Date, provided Employee does not revoke.

Appears in 8 contracts

Samples: Executive Employment Agreement (Dts, Inc.), Executive Employment Agreement (Dts, Inc.), Executive Employment Agreement (Dts, Inc.)

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Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by DTS[insert name and title of appropriate representative], Inc. on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The (“[Severance Package will Payment or Enhanced Severance Payment as applicable] shall become due and payable in accordance with paragraph 1 above and its subparts, after the Effective Date, provided Employee does not revokeDate of this Separation Agreement.

Appears in 2 contracts

Samples: Executive Employment Contract (PMC Commercial Trust /Tx), Executive Employment Contract (PMC Commercial Trust /Tx)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by DTSXxxxxxxx Xxxxxxx, Inc. People and Culture, on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will become due and payable after the Effective Date, provided Employee does not revoke.

Appears in 2 contracts

Samples: Confidential Separation Agreement (Stitch Fix, Inc.), Confidential Separation Agreement (Stitch Fix, Inc.)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by DTSXxx Xxxxx, Daegis Inc. Board Director, on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will shall become due and payable in accordance with paragraph 1 above and its subparts, after the Effective Date, provided Employee does not revokeDate of this Separation Agreement.

Appears in 2 contracts

Samples: Separation Agreement (Daegis Inc.), Separation Agreement (Daegis Inc.)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by DTS, Inc. email to xxxxx-xxxxxxx@xxxxxxxxx.xxx on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will become due and payable in accordance with paragraph 1 above after the Effective Date, provided Employee does not revoke.

Appears in 2 contracts

Samples: Confidential Separation Agreement (Stitch Fix, Inc.), Confidential Separation Agreement (Stitch Fix, Inc.)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by DTSXxxxxx Xxxxxx, Inc. Human Resources Director, by 5:00 p.m. Pacific Time on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will become due and payable after the Effective Date, provided Employee does not revoke.

Appears in 1 contract

Samples: Confidential Separation Agreement (Northstar Neuroscience, Inc.)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by DTS, Inc. email to xxxxx-xxxxxxx@xxxxxxxxx.xxx on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) seven-day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will shall become due and payable in accordance with paragraph 3 above after the Effective Date, provided Employee does not revoke.

Appears in 1 contract

Samples: Separation Agreement (Stitch Fix, Inc.)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s 's revocation must be in writing and received by DTSXxxxx X. Xxxxxxxx, Inc. Executive Director, Human Resources, by 5:00 p.m. Pacific Time on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s 's acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will shall become due and payable after the Effective Datein accordance with paragraph 1, provided Employee does this Separation Agreement has not revokebeen revoked.

Appears in 1 contract

Samples: Confidential Separation Agreement (Halozyme Therapeutics Inc)

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Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s acceptance of this Separation Agreement within has seven (7) days after the date Employee signs it(and delivers the signed Separation Agreement to Cytori) to revoke Employee’s acceptance of this Separation Agreement. Employee’s revocation must be in writing and received by DTSXxxx Xxxxxxx, Inc. VP, Global Human Resources, on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package Payment will become due and payable in accordance with paragraph 1 above after the Effective Date, provided Employee does not revoke.

Appears in 1 contract

Samples: Separation Agreement (Cytori Therapeutics, Inc.)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee Cxxxxxx signs this Separation Agreement. In other words, Employee Cxxxxxx may revoke Employee’s Cxxxxxx’x acceptance of this Separation Agreement within seven (7) days after the date Employee Cxxxxxx signs it. Employee’s Cxxxxxx’x revocation must be in writing and received by DTSMxxxxxx XxXxxx, Inc. Interim Chief Executive Officer, on or before the seventh day in order to be effective. If Employee Cxxxxxx does not revoke acceptance within the seven (7) day period, Employee’s Cxxxxxx’x acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will shall become due and payable in accordance with paragraph 1 above and its subparts, after the Effective Date, provided Employee does not revokeDate of this Separation Agreement.

Appears in 1 contract

Samples: Settlement Agreement (Genesis Biopharma, Inc)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee Executive signs this Separation Agreement. In other words, Employee Executive may revoke Employee’s Executive's acceptance of this Separation Agreement within seven (7) days after the date Employee Executive signs it. Employee’s Executive's revocation must be in writing and received by DTSXxxx Xxxx, Inc. Chairman of the Board of Directors, by 5:00 p.m. Pacific Time on or before the seventh day in order to be effective. If Employee Executive does not revoke acceptance within the seven (7) day period, Employee’s Executive's acceptance of this Separation Agreement shall become binding and enforceable on the eighth day ("Effective Date"). The Severance Package will shall become due and payable after the Effective Datein accordance with paragraph 1, provided Employee does this Separation Agreement has not revokebeen revoked.

Appears in 1 contract

Samples: Separation Agreement (NTN Buzztime Inc)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s 's acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s 's revocation must be in writing and received by DTS, Inc. on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s 's acceptance of this Separation Agreement shall become binding and enforceable on the eighth day ("Effective Date"). The Severance Package will become due and payable after the Effective Date, provided Employee does not revoke.

Appears in 1 contract

Samples: Employment Agreement (Dts, Inc.)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke Employee’s acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by DTSXxxxx Xxxxxx, Inc. Chief Financial Officer, on or before the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will shall become due and payable in accordance with paragraph 1 above and its subparts, after the Effective Date, provided Employee does not revokeDate of this Separation Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Active Network Inc)

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